How much would you risk on a GOOD trade?

[murray t turtle]

If you find a trade with a high probability (95% confidence rate) of making a nice profit, how much % of account value would you risk? 2%? 5%? 15%? 35%?

%%%%%%%%%%%%%%%%%%%%%%
Well, mr mac;
since a 90% hit rate, could mean you are wrong 10 months in a row; 95% hit rate could mean wrong 5/+ months in a row. NOT a prediction.....

It would also depend on your age;
when young,, blow ups can be exciting + overcome

Hint;
don't do 35%, that means you have to get more 70% to just break eve; add trading books commission$, + slippage +power bill$ , ,.............................................................................................................................................................................. .Word to wise .Thanks for the question

 

[Swan Noir]

I don't get the math. How does the hit rate indicate how many times in a row you could be wrong?